Guidara, Alaa; Lai, Van Son; Soumaré, Issouf; Tchana, … - In: Journal of Banking & Finance 37 (2013) 9, pp. 3373-3387
Using quarterly financial statements and stock market data from 1982 to 2010 for the six largest Canadian chartered banks, this paper documents positive co-movement between Canadian banks’ capital buffer and business cycles. The adoption of Basel Accords and the balance sheet leverage cap...